The global sports sunglasses market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028.
Sports sunglasses are specialized protective eyewear used for improving visibility and comfort while playing outdoor sports. They minimize the exposure from bright and high-energy sunlight to prevent any discomfort or damage to the eyes. The lenses are manufactured using glass or plastic materials and are coated with ultraviolet (UV) ray blockers and impact-resistant films that reduce the glare and improves contrast to provide improved visibility in the field. They are also available in polarized or non-polarized with tinted and non-tinted lenses making them suitable for everyday wear. Sports sunglasses are commonly used while performing sports, such as swimming, cycling, mountain biking, baseball, cricket and other related activities.
Sports Sunglasses Market Trends:
Increasing participation in sports-related activities across the globe is among the key factors driving the growth of the market. With the rising health consciousness, consumers are rapidly adopting physically active lifestyles that involve sports and other recreational activities to minimize the risks of developing chronic diseases. Moreover, increasing awareness among the masses regarding maintaining safety during outdoor sports is providing a thrust to the market growth. Sports sunglasses are covered with hydrophobic and scratch-resistant coatings that protect the lenses from impacts and repels liquids. Additionally, various product innovations, such as the launch of shatter-resistant and lightweight polycarbonate and nylon-based variants, are acting as other growth-inducing factors. These novel variants provide enhanced comfort, protection and coverage to the wearer. In line with this, the proliferation of online retail platforms and increasing collaborations with sports personalities to attract a wider consumer base are also favoring the market growth. Other factors, including rising expenditure capacities of the consumers, along with the increasing preference for premium-quality and branded sportswear, are anticipated to drive the market toward growth.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sports sunglasses market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, gender and distribution channel.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Polarized
Non-Polarized
Breakup by Gender:
Male
Female
Unisex
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Brand Outlets
Online Stores
Breakup by Region:
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North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, Columbia Sportswear Company, Decathlon S.A., EssilorLuxottica SA, NIKE Inc, PUMA SE, Rudy Project S.p.A., Safilo Group S.p.A. and Under Armour Inc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
US$ Billion
Segment Coverage
Type, Gender, Distribution Channel, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Adidas AG, Columbia Sportswear Company, Decathlon S.A., EssilorLuxottica SA, NIKE Inc, PUMA SE, Rudy Project S.p.A., Safilo Group S.p.A. and Under Armour Inc.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 2499
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Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global sports sunglasses market was valued at US$ 3.0 Billion in 2022.
We expect the global sports sunglasses market to exhibit a CAGR of 2.7% during 2023-2028.
The rising number of participations in sports-related activities, along with the advent of shatter-resistant, lightweight polycarbonate, and nylon-based sports sunglasses variants, is primarily driving the global sports sunglasses market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of sports sunglasses.
Based on the type, the global sports sunglasses market can be bifurcated into polarized and non-polarized. Currently, polarized holds the majority of the total market share.
Based on the gender, the global sports sunglasses market has been segmented into male, female, and unisex, where male currently exhibits a clear dominance in the market.
Based on the distribution channel, the global sports sunglasses market can be divided into supermarkets and hypermarkets, specialty stores, brand outlets, and online stores. Currently, specialty stores account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global sports sunglasses market include Adidas AG, Columbia Sportswear Company, Decathlon S.A., EssilorLuxottica SA, NIKE Inc, PUMA SE, Rudy Project S.p.A., Safilo Group S.p.A., and Under Armour Inc.
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